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[quote=Anonymous]Figure out what the sibling did for the parents. Be as specific as possible. E.g. drive and purchase groceries (with reimbursement or not?), cook food, clean up afterwards, drive parents to appointments, listen to what physician said, inform other siblings of the dx, mow or arrange to have lawn mowed, etc. Figure out whether an average person could do all this in an 8 hour day or would it have taken several people to do it. Value care taking siblings efforts as per local standards and assign a wage per hour to that work. If that was some years ago, get he local rate and discount it for inflation. Inflation of late has been minimal but in years gone by it was about 3% per year. Multiply by the hours per week, or was it essentially 24*7? Sell the house. How many months did the parents pay for the mortgage, property taxes, ho insurance, maintenance and repairs. How many months did the sibling do the same. Give the caregiving sibling the amount of money that his/her caregiving was worth to your parents, the value of the now sold house for the months the sibling paid the mortgage, property taxes, ho insurance, maintenance and repairs. Deduct from caregiving sibling's portion if s/he did not pay all of the above. Then divide the rest of the proceeds equally among all the siblings. This will mean the caregiving sibling gets more...but that more reflects his/her portion of the caregiving and the months s/he relieved your parents of financial responsibility and enabled them to stay in their home longer. [/quote]
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